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Minnesota · Nonprofit

Korean Service Center

Korean Service Center (Minnesota) receives grants from 7 organizations whose IRS filings report $1,910,103 to it, the largest being Metropolitan Area Agency on Aging Inc ($1,530,955). 7 of them have funded it in more than one year.

Revenue FY2025
$2.5M
Funders on record
7
Grants received
$1.9M
Net assets
$3.8M
7/7 repeat funderspeak grant-dependency 23%
01What it does

What Korean Service Center does

Mission

The Korean Service Center is dedicated to providing supportive resources and programs to Koreans and other immigrant-Americans while striving to promote their rich cultural heritage for all international people.

As stated on its FY2025 Form 990.

Programs

  1. The Organization's Long-Term Care program provides 24-hour customized living support services. The program prioritizes seniors aged 65 and older who have immigrated to the United States and may face language and cultural barriers. This program also offers vital transportation services for hospital visits and medical appointments. Serving approximately 500 cases per year, the program supports seniors aged 65 and older, as well as individuals under 65 with disabilities. This service ensures that clients can access essential healthcare safely and reliably, reducing barriers caused by mobility, language, or cultural challenges. The goal is to help these seniors live independently, healthily, and comfortably in their own homes.

    $1,270,270 spent$1,771,644 earned by the program
    94% of program spending
  2. The Family Enrichment Program provides a range of community-based services designed to promote wellness and engagement. One such initiative is SBC, or Seniors Better Connected in MN, which assists seniors aged 65 and older in learning to use electronic devices. It also encourages participation in mental wellness activities, thereby fostering digital literacy and emotional connection among seniors. Another key program is CCC, or COVID-19 Community Coordinators, which focuses on supporting the mental and physical health of vulnerable groups, particularly seniors. This program aims to promote community engagement and aid in recovery following the COVID-19 pandemic.

    $80,874 spent
    6% of program spending

The 2 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $1,351,144.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($1.3M) Expenses 100 ($1.4M) Net assets 100 ($138k)2018 Revenue 111 ($1.5M) Expenses 106 ($1.4M) Net assets 127 ($176k)2019 Revenue 110 ($1.5M) Expenses 103 ($1.4M) Net assets 171 ($237k)2020 Revenue 140 ($1.9M) Expenses 105 ($1.4M) Net assets 488 ($675k)2021 Revenue 145 ($1.9M) Expenses 104 ($1.4M) Net assets 869 ($1.2M)2022 Revenue 158 ($2.1M) Expenses 110 ($1.5M) Net assets 1300 ($1.8M)2023 Revenue 156 ($2.1M) Expenses 117 ($1.6M) Net assets 1656 ($2.3M)2024 Revenue 174 ($2.3M) Expenses 125 ($1.7M) Net assets 2105 ($2.9M)2025 Revenue 191 ($2.5M) Expenses 125 ($1.7M) Net assets 2726 ($3.8M)
'17'18'19'20'21'22'23'24'25
Revenue (191)Expenses (125)Net assets (2726)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $3.1M to $4.1M (+33%).

$384k
$426k
$478k
$1.1M
$1.5M
$2.1M
$2.5M
$3.1M
$4.1M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 29% · 2018 28% · 2019 27% · 2020 36% · 2021 37% · 2022 37% · 2023 22% · 2024 29% · 2025 26%. Grants only. Government contracts and fees sit inside program revenue.

27% of Korean Service Center’s revenue is contributions — about as donation-reliant as the typical peer (81% for the typical peer).

This organization
Typical peer · 11,793 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 9 reported years ran a deficit.

−$26k
’17
$38k
’18
$61k
’19
$438k
’20
$526k
’21
$607k
’22
$481k
’23
$614k
’24
$848k
’25
26
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Kwangja Kwon

Executive Director

Board chair

Dennis Kim

Chairman

As listed on its FY2025 Form 990.

The chief executive listed changed between the FY2018 and FY2019 filings.

'17'18'19'20'21'22'23'24'25
Listed121114121211121212
Joined·+2+3+1+2+3+5+3+2
No longer listed·30324432
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 3 funders, grant income rose $130k → $274k.

Funder
'17
'18
'19
'20
'21
'22
'23
'24*
'25*
total
funders
1
1
2
6
6
3
3
3
1

3 of 7 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 3% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of Korean Service Center’s funders (the co-funder graph). Top 6 of 7 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

Korean Service Center leans on a few funders — its largest provides 80% of grant income and the top three 97%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

98% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Korean Service Center.

80%
largest funder
97%
top three
~2
effective funders

Largest funder’s share by year: 2017 100% · 2018 100% · 2019 88% · 2020 84% · 2021 64% · 2022 79% · 2023 79% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of Korean Service Center's grant income comes from Minnesota funders.

MN

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Minnesota out of state home

Funder states come from each funder’s own filing. $61k arriving through sponsors registered in 3 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

Korean Service Center runs a healthier operating margin than three-quarters of the 6,891 human services nonprofits its size.

Operating margin33% · top quartile
Months of reserve25.8mo · top quartile
Revenue growth (annualized)8% · above the median

this organization peer median middle 50% of peers· 6,891 human services nonprofits $1M–$10M, FY2025

Organizations like Korean Service Center

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Minnesota

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

80% of spending goes to programs.

Program 80%Management 20%Fundraising 0%

Governance

11
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

95%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

MN

Screen this organization

A dated, signed PDF of the compliance screen for Korean Service Center: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Korean Service Center?
Korean Service Center (Minnesota) receives grants from 7 organizations whose IRS filings report $1,910,103 to it, the largest being Metropolitan Area Agency on Aging Inc ($1,530,955). 7 of them have funded it in more than one year.
How many funders does Korean Service Center have?
IRS filings report 7 organizations giving $1,910,103 in grants to Korean Service Center, 7 of which have funded it in more than one year.
Who is the largest funder of Korean Service Center?
Metropolitan Area Agency on Aging Inc is the largest funder on record, with $1,530,955 in grants. The full list of funders is on this page.
How can an organization like Korean Service Center find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Minnesota. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Korean Service Center →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 7 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing